Author Archives: Rick Pendergraft

Business Optimism Running High, Could It Bump Inflation Due To Wage Growth?

Several different business surveys are showing that business leaders are more optimistic than at any time in decades. The optimism is coming with one main concern though and that is supply of qualified workers. JP Morgan released its annual survey of business leaders earlier today and it showed small and mid-sized businesses are incredibly optimistic about the economy. The survey ...

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Searching for Answers in the Wake of the Latest School Shooting

I struggled with my decision on whether to write this article or not. Bull Market Rodeo features commentaries on politics, policy, the economy and investing. I tend to keep my commentaries focused on the market and the economy. But the latest school shooting has occupied my mind for the last few days and I felt the need to express my ...

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Don’t Look At Indicators In A Vacuum

I have been writing about the market and economy for the last 18 years now and I made a small mistake this past week. I made the mistake of making a trade based on one indicator and without considering other factors. Let me explain. First, I have been doing this for so long that I have developed an overall market ...

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Volatility and VIX Hottest Words in Investment News

The selling we saw last week and on Monday of this week caused the words “volatility” and “VIX” to become the hottest words in investment news. On Yahoo Finance’s home page, without even typing in any search words, there were more than 25 articles with “volatility” or “VIX” in the title of the article. For the time being, they have ...

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FANG Stocks Impress With Earnings Except Google

Over the course of the last few weeks we have gotten earnings reports from the internet stocks affectionately known as FANG- Facebook, Amazon, Netflix and Google (now listed as Alphabet). Amazon and Alphabet completed the reports with each company reporting earnings last night. For the most part, the companies met or exceeded analyst expectations except Alphabet. Netflix kicked things off ...

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